While this was written to the Credit Union audience, it is great information for everyone on what defines a “fallback” transaction. ¬†Merchants are seeing chargebacks surge since the October 1 liability shift last fall. ¬†Fallback transactions are part of that mix and they can happen even if you have taken measures to update your systems with EMV capability.

For a the full article, click this link:http://www.thepaymentsreview.com/what-credit-unions-should-know-about-fallback-transactions#%2EVwaeCKX9WfE%2Elinkedin

April 11, 2016

Fallback transactions are a part of EMV

While this was written to the Credit Union audience, it is great information for everyone on what defines a “fallback” transaction. ¬†Merchants are seeing chargebacks surge […]